The fraudulent activity included overstating the company’s assets and revenue and violating securities laws, among other misdeeds
The initiative would provide investor protections but existing restrictions on controlling shareholders and related parties would not apply to a sovereign shareholder
Principles are aimed at consistency for firms leaving the U.K.
Even though the volume of transactions worldwide declined, there were nine deals valued at more than $500 million
Regulars say false and misleading applications pose a serious problem
The dealers allegedly overcharged fee-based client accounts about $6 million and mutual fund accounts $5.7 million between 2005 and 2016
The upgraded version of Nasdaq’s SMARTS technology is capable of monitoring up to a billion transactions daily, in real time
Illegal profits were traded through Canadian brokerages, the charges say
But the rise of automated advice services also carries operational and implementation risks
New rules make it easier for emerging companies to list on the exchange